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Q3 State of Crypto: Market Pulse | Binance Research [PDF]research.binance.com/static/pdf/3Q22-Market-Pulse.pdf
41 sats \ 1 comment \ @cryptocoin 21 Oct 2022 bitcoin
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0 sats \ 0 replies \ @cryptocoin OP 21 Oct 2022

Here's their website page where this analysis was shared:

  • Market Pulse is a compilation of key charts and insights by Binance Research, shedding light on the state of crypto.
  • Market Overview: Crypto market capitalization increased by 8.4% QoQ in Q3 but overall sentiments remain poor.
  • Layer 1s: Blockchain activity generally trended lower in Q3. Spotlight was on the Ethereum Merge in September.
  • DeFi: Following a steep drop in May, DeFi Total Value Locked has yet to recover, and was range-bound between US$50-60B in Q3.
  • NFTs: NFTs had a tough Q3 with sales down 73% QoQ. However, number of unique buyers held up and saw a slight uptick over the quarter.
  • GameFi: The gaming landscape is led by BNB Chain, Ethereum, and Polygon, with almost 70% market share (by number of games).

Q3 State of Crypto: Market Pulse
https://research.binance.com/en/analysis/3q22-market-pulse

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